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The Phoenix Tech Story

This report examines the Phoenix value proposition to tech companies and how Phoenix compares to some of the most dynamic tech cities in the country. Although companies continue to operate—and in some cases, expand—in established markets such as the Bay Area, New York, Washington, D.C., and Seattle, rising costs and intense competition for talent have continued to motivate business leaders to consider alternative locations. The most competitive alternative locations are generally smaller, have a strong talent pool and business-friendly environment and also offer a high quality of life. Phoenix is an attractive place, not just because of its competitive advantage with regard to cost, but because of its deep talent pool; existing and growing portfolio of tech companies, universities and tech resources; and quality of life.